Traumhaus reports the sale of all residential units in the first construction phase in Hattersheim

Traumhaus can report the sale of all residential units in the first construction phase in Hattersheim. The construction phase includes 13 terraced houses with a sales volume of around EUR 7.5 million. The demand for the houses is pleasingly high, so that a speedy sale of the residential units of the 2nd construction phase, which consists of 22 houses, can be expected. Overall, the project consists of 5 separate construction phases.

“We assume that the sales crisis in residential construction, which began abruptly last autumn, has now bottomed out – albeit at a low level. Nevertheless, the market remains tense, the significantly slower sell-off is forcing us to do more pre-financing in project development and construction, which is a significantly greater burden on liquidity than before the crisis and permanently, but is necessary to secure the planned sales“, says Otfried Sinner, CEO of Traumhaus AG.

In Hattersheim, all residential units are connected to a district heating network that uses the waste heat from several large computing systems in the immediate vicinity.

Otfried Sinner: "This innovative project benefits from our new construction competence center in Kruft, in which we produce masonry walls for modular and serial solid construction quickly, cost-effectively and energy-efficiently."

About Traumhaus AG

Traumhaus AG, founded in 1993 and headquartered in Wiesbaden, Germany, is an experienced provider of innovative settlement concepts and serial construction using solid construction methods. The enterprise covers the entire creation of value chain: of property purchase (starting from 3,500 square meter) and project development over building and marketing up to the following support of the real estates. The guiding principle is: "We have the solution for affordable housing!" The key success factor for this is the sophisticated standardization of all process steps. Since August 2018, the company has been listed on the Munich Stock Exchange in the m:access market segment, as well as in over-the-counter trading on the Frankfurt Stock Exchange and in Xetra trading.

Traumhaus AG Investor Relations

Michael Bussmann

+49 6122 58653 – 68

m.bussmann@traumhaus-familie.de

Media:
BeckerBeratungsGesellschaft (BBG)
Klaus-Karl Becker
Neustr. 23
55296 Gau-Bischofsheim / Mainz
+49 (0) 172 61 41 955
kkb@b-bg.de